Bullboard - Stock Discussion Forum Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

Alternate Symbol(s): ARESF | T.AX.UN | T.AX.PR.I

Artis Real Estate Investment Trust is an unincorporated closed-end REIT based in Canada. Artis REIT's portfolio comprises properties located in Central and Western Canada and select markets throughout the United States, including regions such as Alberta, British Columbia, Manitoba, Ontario, Saskatchewan, Arizona, Minnesota, Colorado, New York, and Wisconsin. The properties are divided into... see more

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TSX:AX.PR.E - Post Discussion

Artis Real Estate Investment Pref Shs Series E > Shorts are Trapped

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Post by Frankie10 on Oct 10, 2024 11:03am

Shorts are Trapped

I believe the short position on the stock, coupled with the unrelenting NCIB is the reason for the material divergence from REIT peers in terms of recent price perfomance. Shorts are trapped. How entertaining... *throws a popcorn in the air*

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Comment by Torontojay on Oct 10, 2024 2:20pm

Hey Pom Pom boy, if you invested in Artis exactly 3 years ago and cashed out today, how much money did you make? Wait a sec, let me rephrase the question. How much money did you lose? You can answer in percentage terms and I'll wait patiently for you answer. Thank you and have a nice day.

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Comment by Frankie10 on Oct 10, 2024 3:02pm

Starting investing in AX Dec 2022 at $9.20, and continued to add to the position until the pico-bottom where I then added commons as well as long-dated call options. I have been honest and open with all my buys and sells (I used to think this was a community before you and Snakey destroyed any value this board could ever hold for a reader). I have since broken-even on the common position, before ...more

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Comment by Torontojay on Oct 10, 2024 4:25pm

You can put lipstick on a pig (over levered reits) but at the end of the day it's still a pig. Artis as an investment has underperformed as an investment no matter how many Pom poms you continue to shake. This song is for you. https://m.youtube.com/watch?v=nfWlot6h_JM&pp=ygUcc2hha2UgaXQgb2ZmIGJ5IHRheWxvciBzd2lmdA%3D%3D

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Comment by Frankie10 on Oct 10, 2024 6:20pm

I find you pathetic TJ. Your post is directed at me but it's insulting to many unitholders here. The fact you need to kick others when they are down really shows the man you are. You don't see successful people who are always winning acting this way. You pretend to be a winner. And it shows. May this be the last time, A winner who waves his pom poms because there is so much winning to ...more

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Comment by rad10 on Oct 10, 2024 6:25pm

it's amusing though Frankie. It's only money! I have so many unrealized capital gains since 2021. If the sh!t hits the fan, Artis will just be another write off. i stay for divi and upside potential!

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Comment by rad10 on Oct 10, 2024 4:24pm

that's my position TJ - I'm around 20% down. No big deal. I know where this is headed, and it will be considerably more than I paid. This is a long game, and you either buy into Samirs ability to extract value or you don't.

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